society. It is also found that relative income is more important to happiness at higher levels of absolute income. Potential … the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of … others in the local residential cluster - enters the household’s utility function positively but that income of more distant …

We state the following hypotheses: 1) Happiness depends on social rank – a term from primatology meaning the place in … correlation between relative income and subjective well-being in humans. 2) There are mechanisms of cheating the ranks, which … boost happiness of all. 3) Intelligence is a happiness- boosting tool, which should be more developed by low …

, the biggest contributors to happiness in our sample have been the increase in income and the increase in life expectancy …. Our accounting exercise suggests that the unexplained trend in happiness is even bigger than would be predicted if income … was the only argument in the utility function. In other words, introducing omitted variables worsens the income-without-happiness …

personally reduces life satisfaction, but does not have a significant effect on happiness in ordered logit estimation. However …, generalized ordered logit estimation reveals that being unemployed has a negative effect on happiness at lower happiness scores …, but no significant effect at high happiness levels. …

union. Panel data also show that the well-being impact resulting from “caring” can be used to predict future income …

durable assets ownership seem to determine happiness levels as well as income. Relative income also matters to well …Are happiness patterns structurally the same when comparing poor and rich countries? Using cross-sectional data from … similar structure and is U-shaped in age in South Africa as in developed countries. Well-being rises with income. Unemployment …

findings in happiness regressions, such as a negative but u-shaped age effect, positive influences of education and relative … income position, as well as a negative effect of unemployment. Differing results were found with regard to gender and marital …